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Can anyone explain how ROA was calculated?

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Can anyone explain how ROA was calculated?

asked Apr 12, 2024 172k views

5 votes

Can anyone explain how ROA was calculated?

Business
college

Mike Bonds asked

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1 Answer

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Answer:

ROA is calculated by dividing a firm's net income by the average of its total assets. It is then expressed as a percentage.

Marcus McLean answered Apr 17, 2024

by Marcus McLean

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